Tag Archives: Shale oil

Up to 233 billion barrels of oil discovered in southern Australia

From the Telegraph: The discovery in central Australia was reported by Linc Energy to the stock exchange and was based on two consultants reports, though it is not yet known how commercially viable it will be to access the oil. … Continue reading

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Posted in Energy, Fracking, petroleum | Tagged , , , , | 99 Comments

In the Oil game, Russia has the longest suit to play

Guest post by David Archibald Logistic decline plots may be misleading when the production profile has been affected by political events. Nevertheless, Figure 1 shows a logistic decline plot for Russia’s conventional production. The result is in line with Russian … Continue reading

Posted in Energy, petroleum | Tagged , , , , , , , | 74 Comments